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Showing posts from August, 2024

Shiba Inu: Should You Hold Or Sell Your SHIB? Finder Panel Predicts

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Shiba Inu undoubtedly has become one of the most prized cryptocurrency tokens in the market. SHIB’s 2021 price rally has created many millionaires, making Shiba Inu the star of the cryptocurrency world. However, the token has recently hit a rough patch, restricting its spike and ability to establish a new ATH. At such critical times, should an investor hold or sell their SHIB? Finders panel experts have predicted a timeline to help investors solve this crucial dilemma. Also Read: AI Sets Shiba Inu (SHIB) Weekend Price (August 31st-September 1st) Can Shiba Inu Surge To $0.000045? The Finders team of panellists has predicted a stellar price timeline for Shiba Inu. According to the experts, the price of Shiba Inu may surge to $0.000025 by the end of 2025. One notable analyst, Samy Ben Bahmed, manager at Sastanaqqam, shared how SHIB was born to stay ahead of the curve. “My point of view is optimistic regarding Shiba Inu’s future price trajectory, utility, and adoption of the Shiba Inu ecos

BlackRock sells Bitcoin for the second time since BTC ETF launch — What’s next?

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BlackRock‘s (NYSE: BLK) iShares Bitcoin Trust (IBIT) has shown remarkable resilience amid Bitcoin (BTC) outflows from other exchange-traded funds (ETFs). However, the IBIT ETF registered its second-ever outflow on August 28, raising concerns among Bitcoin investors as a bearish indicator. Notably, the two-only outflows from IBIT were significantly small compared to all the inflows since its launch in January. On April 30, the iShares Bitcoin Trust sold $38.68 million worth of BTC for the first time. In this most recent activity, BlackRock sold an even smaller amount of 227.62 BTC, worth $13.43 million. Despite immediate concerns about a more bearish outlook, the finance giant has shown a bullish bias toward the leading cryptocurrency. Picks for you Bitcoin price prediction as Trump plans to make U.S. ‘crypto capital of the planet’

Gigacat Price Prediction: Solana Meme Coin GCAT Plunges 48% As Analysts Say Consider This New Crypto For 100X Gains

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The Gigacat price dropped 48% in the last 24 hours to trade at $0.0004531 as of 00:47 a.m. EST on trading volume that rose to $944K. Gigacat Price Gears Up For A Rebound After an uptrend to the $0.00128 resistance level, the Gigacat price has been on a downtrend, as the GCAT trades within the falling channel pattern, according to data from GeckoTerminal . The $0.000410 support now acts as a cushion against downward pressure, which the bulls aim to be capitalizing to propel the price over the upper boundary of the channel. The Relative Strength Index (RSI) is rebounding from the 30-oversold level to currently soar towards the 50-midline level, as the buying pressure increases. Moreover, the Moving Average Convergence Divergence (MACD) also supports the bullish prospects, as it soars towards the neutral line. The blue MACD line also crosses above the orange signal line, creating a bullish crossover. GCATUSD Chart Analysis Source: GeckoTerminal.com With the bulls exerting

BRICS Makes Huge Announcement On Expansion: New Country Will Join Soon

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Around 47 countries have expressed their interest in joining the BRICS alliance before the 2024 summit. Out of the 47 countries, only 25 nations have formally submitted their applications to join the bloc. The other 22 nations have informally expressed their interest in being a part of the grouping. The 16th BRICS summit will be held from October 22 to 24 in the Kazan region of Russia and expansion plans will be discussed. Also Read: BRICS: India To Accept Local Currencies For Trade, Sideline US Dollar The BRICS expansion will make way for the alliance to economically strengthen its prospects and take on the US and the West. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. On the heels of the summit, one particular country is confident that its place in the BRICS alliance is secured. Also Read: Former Russian PM Talks About BRICS Currency BRICS Expansion: Venezuela Will Join the Bloc After 2024 Summit, Says Top Diplomat Source: Bloomb

Bitcoin Mining: Energy Consumption and Environmental Impact

Bitcoin Mining: Energy Consumption and Environmental Impact! Bitcoin, the first and most widely recognized cryptocurrency, has become synonymous with the concept of decentralized finance. However, one of the most significant controversies surrounding Bitcoin is its environmental impact, particularly its energy consumption. As Bitcoin mining continues to grow, understanding its effects on the environment becomes increasingly important. This article explores the energy demands of Bitcoin mining, its environmental consequences, and potential solutions to mitigate its impact. Understanding Bitcoin Mining Bitcoin mining is the process through which new bitcoins are created and transactions are verified and added to the blockchain. This process involves solving complex mathematical problems, requiring substantial computational power. The miners who successfully solve these problems are rewarded with newly minted bitcoins and transaction fees. As the number of miners increases, the difficulty

SHIB Price Alert: Key Levels for a Bullish Comeback

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SHIB price levels are currently under pressure. This price alert looks at key levels Shiba Inu needs to regain for a bullish comeback. We are closely watching SHIB’s price movements, as understanding these levels could help predict a possible recovery. Also Read: Shiba Inu: 2 Reasons Why SHIB’s Spike To $0.0005 Is Inevitable Shiba Inu’s Critical Price Levels: Will SHIB Make a Bullish Comeback? Current Market Situation SHIB is struggling to keep its momentum. It faces strong resistance at the 50-day EMA. The Shiba Inu token is trading at $0.0000143, down 2% in 24 hours. This shows the current bearish pressure on the coin. Key Support and Resistance Levels For a bullish comeback, SHIB needs to hold above $0.0000132 to $0.0000128. If it drops below, it could fall further. The key resistance is at $0.0000155. Breaking above this could push the meme coin towards $0.0000174. Technical Indicators SHIB’s RSI is around 43, showing a neutral to bearish trend. The OBV is going down, meaning more

Dogecoin (Doge) and Dogwifhat (WIF)Price Prediction For September 2024

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Dogecoin and Dogwifhat, both tokens, have been vying to reach the top of the crypto radar this season. The cryptocurrency market is experiencing a surge in crypto meme coins, and this price prediction will be helpful. While Dogecoin is an old crypto player, DogWifHat is relatively recent and has quickly amassed a greater fortune and fan following. Here’s how September will fare for Dogecoin (Doge) and Dogwifhat tokens (WIF). Also Read: Ripple: 15 Panelists Predict Bullish Peak Of XRP To $2: Here’s When DOGE & DogWifHat Price Prediction and Market Sentiment Dogecoin (DOGE) Price Prediction Source – The Blockchain Media Dogecoin is one of the OG crypto tokens that has given a new name to the world of meme coins. The token is notably one of the best meme coins to trade in, but it has lately been showing a bearish stance, perplexing its customers to an extent. Despite DOGE’s massive fan following, the token has not adopted a credible price pace and has lately been trending at lower pr

Next Cryptocurrency to Explode Tuesday, August 27 — Immutable, DOGS, Akash Network, Helium

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The altcoin market is fluctuating, but some coins try to bounce back. Investors need to stay alert during this consolidation phase, as it could be a chance to ride a rising trend. Institutional investors are now paying more attention to interoperability and tokenizing real-world assets. Prices of these assets are climbing, even before the market takes off entirely. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Attention in the crypto market in the coming month will go toward the altcoin and meme coin sectors and making the most of the altcoin market. Hence, investors can capitalize on the moment and take a position in upcoming tokens like The Meme Games. The Meme Games combines the trill of the Olympics with meme coins to give crypto enthusiasts a fun and competitive presale event. This post covers the details of its presale. 1. Immutable (IMX) Immutable X is making a notable imp